SB 33 Prohibits Forced Arbitration When Financial Institutions Use Consumer Information Fraudulently
SACRAMENTO – A bill by Senator Bill Dodd (D-Napa) to protect victims of mass fraud and identity theft passed the state Senate on Tuesday. Dodd’s bill was introduced in response to the recent Wells Fargo scandal where millions of accounts were fraudulently opened without consent, using consumer’s personal information from preexisting accounts.
Protecting Consumers – Victims Deserve Their Date in Court
A bill by Senator Bill Dodd (D-Napa) to protect victims of mass fraud and identity theft cleared a key vote today in the Senate Judiciary Committee on Tuesday. Dodd’s bill was introduced in response to the recent Wells Fargo scandal where millions of accounts were fraudulently opened without consent, using consumer’s personal information from existing accounts. The legislation, co-sponsored by California State Treasurer John Chiang, would give victims their day in court by preventing financial institutions from using forced arbitration clauses in cases where they perpetrated fraud.
Senator Bill Dodd (D-Napa) and state Treasurer John Chiang discuss Senate Bill 33, which helps ensure victims of bank fraud can have their day in court and get compensated for their damage. The bill, authored by Senator Dodd and co-sponsored by Treasurer Chiang, was introduced following the recent Wells Fargo scandal where millions of fake accounts were fraudulently opened without consent, using consumer’s personal information from existing accounts.
In the News
After getting nailed for opening bogus accounts without customers’ knowledge, you might think – if only as penance – that Wells Fargo would bless legislation aimed at ensuring that financial institutions never again engage in such predatory practices. Think again.
SACRAMENTO – A bill by Senator Bill Dodd (D-Napa) to add media literacy to school curriculums passed a key vote in the Senate Education Committee on Wednesday. A rise in fake news was widely noted during the most recent Presidential election, where hoax websites deceived visitors with deceptive headlines and false facts. Media literacy is the ability to analyze and evaluate information consumed from various media sources such as websites, social networking sites, television, print and radio.
On April 17, 2017 State Senator Bill Dodd (D-Napa) hosted "Know Your Rights: An Immigration Forum" at the University of California, Davis Martin Luther King, Jr. School of Law.
SACRAMENTO – Senator Bill Dodd (D-Napa) and Senator Mike McGuire (D-Healdsburg) have been appointed co-chairs on the Senate Select Committee on California’s Wine Industry. The committee is made up of a bipartisan group of Senators from around the state who are charged with overseeing the diverse issues affecting California’s wine industry.
Sacramento – Yesterday Senators Scott Wiener (D-San Francisco) and Bill Dodd (D-Napa) introduced a resolution in the State Senate calling for Congress to form a bipartisan, independent commission to investigate any connections between President Donald Trump and Russia. This includes appointing a special prosecutor to investigate any connection between President Trump’s administration, presidential campaign, or his business empire, and the Russian government or related business interests.
I've received hundreds of calls and emails from constituents concerned about what repeal of the Affordable Care Act (ACA) would mean for their families. California has been a national leader in increasing health insurance coverage in recent years, so federal repeal efforts could have a significant impact on our state. This month I co-hosted healthcare town halls across our district to answer your questions and your hear concerns. If you have a question and were unable to attend, please watch this video.